Hello, today I will explain to you in 2 minutes why it makes perfect sense to Relocate your Business in Cyprus.

Whether you are an established business, a solopreneur or an entrepreneur setting up your business in Cyprus is a MUST for 2 main Reasons.

Reason Number 1:

What is the core cost of any services company?

Payroll cost off course.

Cyprus has the lowest payroll costs for both employees and employers and on top of that it has the biggest tax incentives for both employee and the employer where both can enjoy up to a 50% haircut of the existing low payroll cost.

 

Reason Number 2:

Low Set up costs.

Cyprus has maybe the lowest set up costs in Europe.

With 5G internet coverage. Low rental prices and electricity costs coupled with h the short distances Cyprus offers a sweet package to International Headquarters, International Business, Entrepreneurs and Solopreneurs who want to run their operations in a cheap  EU destination.

Lets not forget that after all, Cyprus is an international business centre with several hundreds of thousands of foreign interest companies enjoying just that.

 

We are not telling you anything about the below:

We have purposely excluded the lowest Corporation Tax Rate in Europe of 12.5%, Tax-Free Dividends paid to Cyprus Company shareholders and off course the large number of double tax treatments with almost all countries; all ensuring that you keep paying minimum taxes!

More on Cyprus taxes

 

Relevant Articles

Cyprus is the most attractive jurisdiction for Company shareholders. We analyse why?

Relocate to Cyprus – Useful information and FAQs

Cyprus Investment Firms – Why so attractive

Trading in Cyprus. Easy? Complicated?

 

Thinking about it?

Contact us or visit our website or YouTube channel where we literally cover almost everything you need to know for Corporate & Tax matters affecting Cyprus corporations and businesses relocation from abroad.

 

CYAUSE Audit Services Ltd is a dedicated firm committed to providing SMEs and individuals with unwavering levels of tax and accounting services. Our knowledgeable staff work tirelessly to ensure clients' needs are met at the highest level. We provide a full spectrum of services with an emphasis on Company Incorporation offshore & onshore, Audit & Assurance services, Accounting and International Tax Planning to our local and international clientele.